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The Homeseller Line of Credit Program offers Homesellers the opportunity to stage or make cosmetic updates to their homes within a $1,000 budget. This program was created by Homelis Realty and its sole purpose is to help Homesellers maximize the return on their investment. Therefore, it has nothing to do with the State of Florida or its Government so please contact Homelis Realty for more details.
The Homeseller Line of Credit Program can only be provided to Homesellers with equity in their homes. Once you opt in to the program, you will have the ability to use only a fraction of the line of credit up to the $1,000. The Homeseller may choose to work with any affordable contractor company or have Homelis Realty choose the contractor companies for the renovation and staging services. Please be advised that in all cases, the decision to hire a contractor company must be approved by both the Homeseller and Homelis Realty. Such matters must be settled prior to making payments, which will be covered by Homelis Realty. This is a full transparency agreement, as such, Homelis Realty is committed to keeping a paper trail -Receipts, estimates, renovations, etc. of all transactions affiliated with your account. As part of this agreement, the Homeseller must hire Homelis Realty to represent their Real Estate needs of up to a minimum of 1 year in order to utilize the Homeseller Line of Credit Program. We’re the first real estate company to invest in the Homeseller.
In all cases the Homeseller Line of Credit Program must be paid back in full whether the property sells. If sold within the agreed time frame, the line of credit will be collected on or before the day of closing on the Closing Statement. We will not collect checks or cash from Homesellers, and will only collect monies from the title or closing agency. There are no house price limits. The Homeseller Line of Credit does not cover roof replacement, a/c replacement, or structural repairs. The Homeseller Line of Credit Program ONLY covers cosmetics repairs and staging services. Cosmetic means to enhancing the value of an house through “cosmetic” renovations. These types of improvements are, ostensibly, surface upgrades that address the appearance of a property, rather than structural changes as replacing or tearing down walls.
State taxes will be applied to the line of credit in accordance with the amount used by the Homeseller.
The Homeseller Line of Credit Program is a “stand alone” program and cannot partnered with other promotional products offered by Homelis Realty.
NOTICE: This is not a commitment to lend or extend credit. Restrictions may apply. Information and/or data is subject to change without notice. All loans are subject to credit approval. Not all loans or products are available in all states/counties. This website is privately owned and has no official connection to the State of Florida.
*Our Mission: Homelis Realty does not give down payment assistance. We advocate for people to purchase their homes with little to no money down. We’re in partnership with local lenders to do the impossible by helping hundreds of families across Central Florida to buy a home using the new FHA government loan or the First-time Home Buyer Assistance programs. Home Warranties are only provided on home purchase values over $250,000 and on a successful transaction payout of 3% or more commission.